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Fed holds interest rates and prepares for more hikes

News by Newsroom on 15:59 EST November 08, 2018

No big changes made to Fed policy statement.

All rosy out there according to the ECB

News by Newsroom on 05:12 EST November 08, 2018

Consumption in the euro zone appears to be resilient to a recent slowdown and the labor market is also expected to continue expanding, suggesting that growth remains broad-based, the European Central Bank said in its latest Economic Bulletin released on Thursday.

September euro zone retail sales stronger than expected

News by Newsroom on 08:36 EST November 07, 2018

Euro zone retail sales rose  in September, and August data was also revised upwards, data from the European Union's statistics office Eurostat showed on Wednesday.

Euro zone economy slowing

News by Newsroom on 08:34 EST November 06, 2018

Euro zone business growth slumped to a two-year low in October.

The market has just set a multi year top and will lose 50% of its value in the next 2 years

News by Simon Kazinsky on 08:45 EST Octuber 09, 2018
It is a bold statement but here is why.

Non Farm payrolls way lower than anticipated

News by Newsroom on 08:34 EST Octuber 05, 2018
The September jobs report released Friday morning showed the U.

Is the US stock market about to turn lower?

News by Newsroom on 18:11 EST Octuber 02, 2018
As some economic indicators are starting to flash do you think the stock market will notice? .

Facebook Technical Analysis, in bear market and below its long term supporting moving average

Tech analysis by Simon Kazinsky on 15:23 EST Octuber 02, 2018
Facebook is the first of the FAANGS to fall below its long term supporting moving average.

Markets mutted as FED hikes by a quarter

News by Newsroom on 14:03 EST September 26, 2018
First reactions to the new FED interest hike is quite muted as EURUSD, GBPUSD, USDJPY and the US Stock indices remain flat after the announcement.

[HILARIOUS] Watch this BBC reporter describing 2018 bright economic conditions right before the dot com crash in 2000

News by Newsroom on 13:48 EST September 22, 2018
They say history does not repeat but it rhymes however there are some lyrics in this song that are, simply put, an identical copy.

The Euro shruggs off ECB interest rate decision

News by Newsroom on 08:01 EST September 13, 2018
The Euro remains unchanged against the US dollar after the ECB decided to leave its Main Refinancing Rateunchanged at 0.

U.S. added more jobs than expected in August according to the latest NFP report

News by Newsroom on 14:06 EST September 07, 2018

Hiring in the United States picked up in August as employers added 201,000 job while the unemployment rate remained at 3.

Tesla down 6 per cent on the day as Musk makes a fool of himself on YouTube

News by Newsroom on 10:05 EST September 07, 2018
Another day of concern for Tesla shareholders as their shares plummet on Friday early trading by more than 6% after Elon Musk appeared on a youtube channel talking about its company's merchandise, artificial intelligence and other topics while apparently drinking whisky and smoking grass.

There is only one thing stronger than the dollar

Tech analysis by Simon Kazinsky on 08:02 EST September 04, 2018
And that is oil.

U.S. import prices rise at fastest pace in 6 1/2 years but not because of tariffs

News by Newsroom on 09:12 EST August 14, 2018
import prices showed no change in July while export prices unexpectedly fell thethe U.

Watch a currency melt down

News by Newsroom on 10:10 EST August 10, 2018
The above is how the Turkish Lira is in free fall versus the USD dollar.

US employers added a modest 157,000 jobs in July

News by Newsroom on 09:01 EST August 03, 2018
Employers in the U.

Fed on track for a September hike and gradual removal of accommodation

News by Newsroom on 16:57 EST August 01, 2018

The Federal Reserve on Wednesday held off on raising its key interest rate as widely anticipated.

Eurozone manufacturing growth remains subdued

News by Newsroom on 05:24 EST August 01, 2018

Eurozone manufacturing activity remained subdued at the start of the third quarter, as anticipated, final data from IHS Markit showed on Wednesday.

U.S. pending home sales unexpectedly rise in June

News by Newsroom on 10:59 EST July 30, 2018

The National Association of Realtors said Monday that its pending home .

Draghi sticks to ECB plan and Euro weakens

News by Newsroom on 05:27 EST July 27, 2018

ECB Draghi reiterated the policy path, rates to stay at current level at least through 2019 summer in his press conference on Thursday following the latest ECB meeting.

U.S. new home sales at eight-month low

News by Newsroom on 13:18 EST July 25, 2018

Sales of new U.

U.S. existing home sales fall for third straight month

News by Newsroom on 17:14 EST July 23, 2018

Existing-home sales decreased for the third straight month in June the National Association of Realtors said Monday.

U.S. retail sales increased in June

News by Newsroom on 18:16 EST July 16, 2018

The Commerce Department said on Monday retail sales increased 0.

Stocks flat amid mixed bank earnings and soft data

News by Newsroom on 10:02 EST July 13, 2018

Stock indices are modestly lower Friday as the latest earnings reports which included results from three major U.

U.S. import prices drop the most in over two years

News by Newsroom on 09:35 EST July 13, 2018

The Labor Department said on Friday import prices dropped 0.

US unemployment claims below what expected

News by Newsroom on 11:52 EST July 12, 2018
First-time applications for unemployment benefits dropped to a two-month low last week as the labor market continues to tighten.

US inflation cooling

News by Newsroom on 08:31 EST July 12, 2018
The Consumer Price Index rose 0.

Good Euro zone data lifts stocks on Thursday

News by Newsroom on 08:04 EST July 12, 2018

Seasonally adjusted industrial production rose by 1.

Wholesale inflation jumps to six-year high

News by Newsroom on 09:18 EST July 11, 2018

The Labor Department said on Wednesday its producer price index for final demand rose 0.